Forterra utilizes Ouster sensors for their UVs. Not sure if they produce drones as well but a $93million contract from the US Army will add some oomph to their IPO if and when they have one.
From Forbes next billion dollar startup article...
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SHAWN HUBBARD FOR FORBES
ForterraFounders: Alberto Lacaze, Karl MurphyCEO: Josh AraujoEquity raised: $303 million Estimated 2024 revenue: $30 million Lead investors: Hedosophia, Moore Strategic Ventures, XYZ Venture CapitalEngineers Alberto Lacaze, 55, and Karl Murphy, 65, spent about 20 years developing technology to retrofit more than 50 types of vehicles to drive themselves, including transit buses and military convoy trucks. Now the startup is cashing in, winning a $93 million contract from the U.S. Army to produce mine-clearing robots. It’s also part of a team building self-driving missile launchers for the Marines. Getting rid of human drivers both keeps soldiers out of harm’s way and drives down costs, says CEO Josh Araujo, 45, who took the helm from Lacaze in 2022, since you can ditch heavy armor and use a smaller engine. “You can completely reshape how you design those vehicles.” |
